The transaction

Published: 10 July 2002 y., Wednesday
According to the president of the Polish division of Danish telecom operator Tele Danmark Communications (TDC) Dariusz Dкbski, his company is interested in taking over a majority stake in Energis Polska. This company currently supplies data transmission services, internet access and voice transmission to over 600 commercial clients. The main shareholders of Energis Polska are British telecom operator Energis PLC, the British energy company National Grid, and Polish State Railways (PKP). According to Dariusz Dкbski, TDC Internet Polska may take over Energis Polska shares in exchange for its debts, which presently exceed $100 million. Meanwhile, the president of Energis claimed that choosing an investor by the end of July is unlikely, but the transaction should be finalized during the third quarter of 2002. TDC Internet Polska is also considering investing in Krajowa Grupa Telekomunikacyjna (KGT), which will be created out of independent domestic telecom operators. TDC Internet Polska expects revenues of zі. 70 million for 2002, which is zі. 31 million more than last year.
Šaltinis: wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Many countries, one market

New rules for the EU's single market will make it easier to live and do business anywhere in Europe. more »

EU budget review – MEPs welcome new ideas but miss real revision

MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday. more »

The European Commission grants € 9.5 million to support the electoral process in the Central African Republic

On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic. more »

Crisis management in the banking sector

New EU framework for crisis management in the financial sector for managing problems before they spiral out of control. more »

Out of the crisis and towards European economic governance

The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday. more »

1 181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). more »

Taxing the financial sector

Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis. more »

EIB and African Development Bank finance first large-scale wind farm in Africa

The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago. more »

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. more »

Globalisation Fund: Budgets Committee backs aid to Portugal, the Netherlands, Spain and Denmark

The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies. more »